Top executives of leading crypto exchange clarify company’s stance on crypto staking Coinbase (NASDAQ: COIN) stock dropped over 21% in the last five days The United States Securities and Exchange Com...
Tag: staking
Coinbase Willing To Fight For Its Staking Program, CEO Says
Crypto exchange Coinbase (COIN) CEO Brian Armstrong recently denied that the company’s staking services are a security under U.S. regulations. The company claims that it is willing to defend its produ...
Revolut Leads UK Crypto-Friendly Efforts With New Crypto Staking Feature ⋆ ZyCrypto
Advertisement     Following efforts to consolidate its spot as Europe’s largest crypto-friendly neo-bank, Revolut recently launched a cryptocurrency staking feature on...
Coinbase Executives Stand Up for Crypto Staking Services
Trade in cryptocurrencies Executives at Coinbase are defending the company’s cryptocurrency staking services, arguing that they cannot be categorized as a security and threatening to take the su...
DeFi Could Face Challenges Due to SEC’s Crackdown on Crypto Staking: Lido DAO Exec
Jacob Blish, the head of business development at Lido DAO, the decentralized autonomous organization behind the largest liquid staking protocol, believes the recent SEC crackdown on crypto staking ser...
Coinbase says its staking product does not pass the Howey Test
Ad Coinbase CEO Brian Armstrong said the exchange’s staking service does not pass any of the four criteria of the Howie Test and will “happily” defend it in court if required. The Securities and Excha...
SEC’s crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
A crackdown by the United States securities regulator on crypto staking could have unintended consequences for decentralized finance, according to the head of business development at Lido DAO. Jac...
SEC crackdown could ‘benefit’ decentralized staking if it isn’t banned – Lido exec
Jacob Blish, head of business development at the decentralized autonomous organization (DAO) that runs Lido Finance, said the SEC’s enforcement actions are likely a “net benefit” for...
Coinbase to defend against staking services ban in court
Brian Armstrong, the CEO of Coinbase, made a remark on Twitter where he declared that Coinbase’s staking services are not securities. Armstrong also added that the company would gladly defend this pos...
Coinbase More Than Happy To Defend Staking In Court, Says…
Coinbase executives are pushing back against the classification of staking as a security by the United States Securities and Exchange Commission (SEC) and are ready to defend it in court. Executives ...
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach – Bitcoin News
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $3...
U.S. Future At Stake With Crypto Staking? What’s Next?
This week, a lucrative sector of the cryptocurrency industry that was rapidly becoming the backbone of many networks to save on energy consumption unlike Bitcoin, received a shock to the system. A lit...
Cardano (ADA) Founder Calls SEC Head’s Staking Appeal Lie, Here’s Why
Cardano founder and renowned blockchain developer, Charles Hoskinson, reacted in a negative manner to a speech by the U.S. Securities and Exchange Commission head, Gary Gensler, regarding crypto regul...
Brian Armstrong Stresses Coinbase’s Staking as Not Securities
Brian Armstrong tweeted that Coinbase’s staking processes aren’t securities. The CEO of Coinbase quotes the blog post created by Paul Grewal. In the blog post, Grewal explains the reasons why Coinbase...
Crypto Staking Services in US Under Threat of SEC Intervention
Crypto staking services in the United States are under threat. The Securities and Exchange Commission has made staking the latest enemy of traditional finance, but some companies intend to fight back....
Coinbase will ‘happily defend’ staking in US courts, says CEO
Crypto exchange Coinbase’s executives are standing up for its crypto staking services, claiming it cannot be classified as a security, and threatening to bring the matter to the courts in the Un...
ARK Invest’s Cathie Wood on Staking Ban: ‘US Exchanges Lose’
Vladislav Sopov Legendary investor Cathie Wood, founder, CIO and CEO of asset management heavyweight ARK Invest, slams US regulators for their attack on centralized staking Contents “Decentraliz...
Kraken’s staking down, FTX post-bankruptcy hell, Binance news…
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after ...
Cardano’s Charles Hoskinson Isn’t Big On Ethereum Staking; Here’s Why ⋆ ZyCrypto
Advertisement     Charles Hoskinson is not a big fan of Ethereum staking. Hoskinson is typically an outspoken crypto founder known to give insight into the community f...
Kraken CEO Jesse Powell and Coinbase Executive Slam SEC’s ‘Misinformed’ Staking Ban
Kraken CEO Jesse Powell and Coinbase’s chief legal officer Paul Grewal are vocally criticizing the U.S. Securities and Exchange’s (SEC) latest enforcement action against crypto staking. SEC chair Gary...
Kraken Action Not a Condemnation of ‘Staking Writ Large’
The Securities and Exchange Commission’s (SEC) shutdown of crypto exchange Kraken’s U.S. staking-as-a-service business may certainly lead to a wider industry crackdown. However, “this is not a condemn...
What Ethereum Staking Means After the Kraken Crackdown
Join Our Telegram channel to stay up to date on breaking news coverage The outcome of Kraken’s settlement with the Securities and Exchange Commission will have a significant impact on the cryptocurren...
Coinbase CEO happy to go to court over US stance on staking, ‘if needed’
Coinbase CEO Brian Armstrong has stepped up what looks like a preemptive defense of his cryptocurrency exchange’s staking services.“Coinbase’s staking services are not securities. We will ...
Coinbase’s Chief Legal Officer Claims Staking Services Not Securities
Exchange News Staking services do not constitute securities since they do not pass Howey test as per Paul. Grewal claims that neither crypto staking nor Coinbase’s offering fulfils any conditions. The...
5 Best NFT Staking Projects To Explore This Weekend
As the NFT market expands, creators and developers are looking for new applications for non-fungible tokens. One of the most recent NFT applications is to stake these tokens to generate passive income...
Cathie Wood Takes a Dig at Potential Staking Ban, Says Us Exchanges Lose to Foreign Exchanges
The regulatory landscape for cryptocurrencies and digital assets is constantly evolving, and it’s possible that staking services offered by centralized entities in the US could face restrictions in th...
Kraken-SEC Deal Ends Staking And More
This week, the Kraken crypto exchange has been in the news for bending its knees and closing its staking service to comply with the SEC’s demands. Furthermore, altcoins have also performed noticeably ...
SEC’s Crackdown on Kraken’s Staking Program Puts Other Players on Notice ⋆ ZyCrypto
Advertisement     On Thursday, Kraken agreed to shut down its cryptocurrency staking services in the US and pay a $30 million fine to settle charges against it by the ...
Kraken staking ban is another nail in crypto’s coffin — and that’s a good thing
Rumors of an impending crypto ban came to fruition on Feb. 9 with the Securities and Exchange Commission’s enforcement action against Kraken, which resulted in a settlement where the exchange agreed t...
Coinbase Claims its Staking Products Are Not Securities as COIN Slumps 22% Weekly
All eyes in the crypto community have been on the SEC and its decision to pursue certain crypto staking offerings in the States. After Kraken, many believe Coinbase will be next to have to settle with...
Kraken agrees to shut crypto staking in the US and pay a $30m fine to the SEC
Join Our Telegram channel to stay up to date on breaking news coverage The recent rumors said that the US authorities are planning to crack down on staking in the country, as they are beginning to vie...
Coinbase Diversified Revenue With Staking — Now Comes The SEC
As crypto comes to terms with the SEC’s latest regulation by enforcement — suing and settling with Kraken over its staking services — its direct rival Coinbase seems destined to be adversely affected....